South of Scotland Enterprise Bill 5 12 Validity of things done The validity of anything done by South of Scotland Enterprise, its committees or sub- committees is not affected by— (a) a vacancy in membership or the office of chief executive, 5 (b) a defect in the appointment of a member or the chief executive, (c) the disqualification of a person as a member after appointment. Accountability 13 Accounts and audit South of Scotland Enterprise must— 10 (a) keep proper accounts and accounting records, (b) prepare in respect of each financial year a statement of accounts, and (c) send a copy of the statement to the Auditor General for Scotland for auditing. 14 Annual report (1) South of Scotland Enterprise must, after each financial year— 15 (a) prepare and publish a report of its activities during the year, and (b) send a copy of the report to the Scottish Ministers. (2) The Scottish Ministers are to lay before the Scottish Parliament a copy of each report received by them under subsection (1).